ANALYSIS OF THE IMPACT OF EXPORT, FOREIGN DIRECT INVESTMENT AND LABOR ON ECONOMIC GROWTH IN INDONESIA PERIOD 2000-2016
Abstract
This research aims to analyze the effect of the variables of Export, Foreign Direct Investment and Labor on economic growth in Indonesia. The method used in this research is multiple linear regression method. The dependent variable of this research is Indonesia's Economic Growth while the independent variables are Export and Foreign Direct Investment (FDI) and Labor. The hypothesis proposed in this research is that Export have a positive and significant effect on Economic Growth, Foreign Direct Investment has a positive and significant effect on Economic Growth, Labor has a positive and significant effect on Economic Growth.
The results of this research indicate that Export have a positive and significant effect to Indonesia's economic growth. Foreign Direct Investment has a negative and not significant effect to Indonesia's economic growth, as well as Labor. Based on the results of the F test at the level of significance (α = 5%) obtained by the Prob F-statistic value of 0.002872 means the regression model is declared feasible to be used to explain the effect of the variable Export, Foreign Direct Investment and labor on Indonesia's economic growth.